This transcript has been automatically generated and may not be 100% accurate.

... I ... first-quarter GDP in China was disappointed that were overflowing if you go into the pot didn't come in on the markets don't like it ... will run by with MarketWatch in sentences to tells about it more and more of ... a mining preach and would appreciate getting up early for me and you know yes early that's ... on ... top of the markets doing right now what didn't feel like ... well wear it with the I knock my head that day in the grass that was recently down one hundred points in the group ride ... on financials are our reading and lower ... aam and that staff there I'm results from JPMorgan Commonwealth REIT had that have formed from the Continent ... element for them ... I'm I think that China data eyed even as the sun mentioned above ... aam Slower written and it turned out pretty and when we are the last couple weeks ... aam was I've not confident in and ... you know there is this constant and ... sell the rally the heater going on ham and ... as a result of their Eastern gains in the last four months ... that did the thing is is is is the GPT and you were ... a few in Chinese in China at the scene to help her find love in Shanghai yes I know I mean I know that the fee that was that I get that down or down to the one with ... a one percent with the country's overall but ... on the site does not seem like Shanghai was to put it all in that they believe the linkages between construction everywhere you go with this very very very By Prem Watsa to respond to people goofing around and it didn't feel the need to find their what these other from China we feel like I know it's it's the same as when ... compensation for CEOs of big companies is caught notes like ... down down he'll cut twenty percent in a still a ten million a meeting of China's rise ... why am I the number of its eight point one I mean at this enviable for the last three ... to have the data from this rapidly industrializing query word is is to become law who really to sort of ... relative strength in what he actually sat for the global economy is really what the market is looking at these numbers ... FNMA I'm a everything in the context of what we've we've enjoyed I'm ... aam and and I think ... though we can't ... freely overplayed time I think the fact that the financial plan selling off more of today ... aam is perhaps more and ... in terms of what it hears may be ahead of earnings next week and ... and because even the nail in the last couple days have been surprisingly ... had been buried he felt in Europe markets ... and still a lot of the ... new Afghan strategy from investors we talk about what the market during this or that ... meaning I talk about what the rally ... I love that Marvin internally as the market in a notwithstanding Stynes ... on the look so no way around the cyclical they didn't ... mention that